TaxStats for postcode 2122 FY2013

Postcode 2122 includes Eastwood, Marsfield in New South Wales, and is in the federal electorate of Bennelong.

In FY 2013 the ATO recorded 18,655 individuals in postcode 2122. Of these people, 18,485 made a taxable income or loss. 14,290 of the population paid a gross amount of tax. After tax offsets, 12,985 people actually paid a net amount of tax. There were 5,500 non-taxable people who paid net tax of $0.

Compare TaxStats of 2122 with NSW

2122 TaxStats FY2013%Ppl#Ppl2122
Total Individuals100%18,655
Salary or Wage 76%14,085$55,306$778,990,142
Gross Interest68%12,620$2,959$37,348,834
Unfranked Dividends12%2,200$745$1,639,064
Franked Dividends33%6,065$4,923$29,857,535
Dividend Franking Credit32%6,050$2,114$12,790,579
Capital Gains5%940$11,703$11,001,162
Termination Payouts1%255$27,133$6,919,008
Tips/Directors Fees etc13%2,485$5,014$12,459,193
Business Income8%1,585$22,045$34,941,788
Foreign Income7%1,305$1,570$2,048,517
Government payments5%910$5,491$4,996,825
Government pensions5%915$9,616$8,798,393
Total Income or Loss99%18,525$54,468$1,009,023,383
Charitable Gifts34%6,265$843$5,278,990
Cost of Tax Affairs41%7,590$348$2,641,614
Work Car expenses17%3,140$2,579$8,097,706
Work Travel expenses10%1,800$1,117$2,009,923
Self Education expenses6%1,140$2,335$2,662,240
Total Deductions75%13,995$2,970$41,562,042
Taxable Income99%18,485$52,207$965,046,841
Medicare Levy 65%12,125$1,057$12,812,771
Medicare Surcharge 1%180$1,028$185,095
Gross Tax 77%14,290$14,073$201,108,134
Net Tax 70%12,985$15,853$205,848,712
Average Tax 100%18,655 $11,035$205,848,712
Gross Tax Rate 77%14,290 27%$201,108,134
Net Tax Rate 70%12,985 30%$205,848,712
Average Tax Rate 100%18,655 21%$205,848,712
%PPL is rounded Percentage of total individuals used in the average (AVG).
#PPL is the number of individuals used to calculate the average (AVG).
*Tax Rates calculated from Taxable Income.
*Treat each stat/line item separately. Columns while related do not total due to different numbers of people used in each calculation.

The average taxable income was $52,207. It is estimated that the average taxable income for people who paid a net amount of tax was $69237.

The average net tax paid was $15,853. This equates to an average tax of 30 cents in the dollar on taxable income.

The Medicare levy was paid by 12,125 people for an average of $1,057. 180 people paid $1,028 on average more for the Medicare surcharge.

14,085 people earned a salary or wage and took home an average of $55,306 each.

Government allowance and payments were collected by 910 people for on average $5,491. 915 people received the pension or other allowance.

Charitable gifts and donations of an average of $843 were made by 6,265 people.

The costs of tax affairs for 7,590 people were claimed for $348 each.